Recently, Jade ThirdEye hosted an exclusive roundtable for financial crime specialists in the banking sector at Rockpool Bar & Grill in Sydney. The event brought together diverse professionals from across the industry to engage in open discussion about transaction monitoring challenges and best practices.

They were privileged to have Crispin Yuen as their special guest and discussion leader. Crispin is a distinguished Financial Crime Risk & Compliance Specialist with over 20 years of experience in regulatory compliance, risk controls, governance and assurance. He combines deep expertise with pragmatic approaches to help organisations navigate the complex and rapidly evolving financial crime risk landscape.

Crispin's exceptional background includes hands-on experience resolving deficiencies raised in both OFAC and AUSTRAC enforcements—making him one of the few professionals in Australia with this specific expertise. Throughout his career spanning both financial institutions and professional services firms, he has developed strong working relationships with regulators and law enforcement agencies in the fight against financial crime.

The roundtable discussion focused on transaction monitoring in the banking sector, structured around three fundamental questions:

• The Value of Purpose in Compliance
• Navigating Evolving Regulatory Requirements
• Building Monitoring Systems That Learn and Adapt

Through this framework, attendees explored both the regulatory requirements and practical implementation challenges that financial institutions face in their AML compliance efforts.

To read the full blog visit: https://www.jadethirdeye.com/resources/blog/building-effective-transaction-monitoring-systems